Navigation Links
Owensboro Medical Health System Announces Results of Its 'Modified Dutch Auction' Tender Offer
Date:7/21/2009

OWENSBORO, Ky., July 21 /PRNewswire/ -- Owensboro Medical Health System, Inc. today announced the results of its "Modified Dutch Auction" tender offer for a portion of the 2001 Series B and Series C Health System Variable Rate Revenue Bonds (Owensboro Mercy Health System, Inc.) issued by the City of Owensboro, Kentucky, the proceeds of which were loaned to OMHS. The offer expired at 12:00 p.m., New York City time, on Monday, July 20, 2009.

OMHS has accepted for payment $13,850,000 aggregate principal amount of bonds at a purchase price of $960 per $1,000 principal amount, for a total cost of $13,296,000, plus accrued and unpaid interest up to, but not including, the settlement date of July 23, 2009.

Based on the final count by Wells Fargo Bank, National Association, the depositary for the tender offer, $13,850,000 aggregate principal amount of bonds were properly tendered and not withdrawn in the tender offer. Accordingly, there will be no proration of tenders received in the tender offer. All bonds properly tendered at or below the final purchase price have been accepted for payment. The depositary will make payment for the bonds accepted for purchase on the settlement date through the book-entry facilities of the Depository Trust Company.

Owensboro Medical Health System serves an 11-county region in Western Kentucky and Southern Indiana. The hospital received the HealthGrades Distinguished Hospital for Clinical Excellence Award in 2009, placing it among the top five percent of hospitals in the nation for quality. OMHS is a full-service hospital, employing a workforce of over 3,100. In addition to hospital and rehabilitation services, OMHS includes the HealthPark - a medical-based fitness center - home health services, a wound healing center, three outpatient diagnostic centers, the Mitchell Memorial Cancer Center and the McAuley Clinic, which provides healthcare for the uninsured. OMHS also operates Convenient Care, Pennyrile Pulmonary Critical Care and Western Kentucky Rheumatology Center, Owensboro; and MultiCare in Madisonville and Tell City (IN).

Important Information

This press release is for informational purposes only and is neither an offer to buy, nor the solicitation of an offer to sell, any securities.


'/>"/>
SOURCE Owensboro Medical Health System, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. HealthCare Partners of Nevada and Fremont Medical Center Join Forces
2. All Allied Health Schools Helps Medical Coding Students Prepare for New Health Care World
3. Growth in African Medical Imaging Markets: Frost & Sullivan Examines the Potential
4. President Obama Holds Roundtable Discussion on Health Reform at Children's National Medical Center
5. Can pen and paper help make electronic medical records better?
6. ATS Medical Announces First Use of the New ATS CryoMaze 10-S Probe
7. Wake Forest Baptist Medical Center Names Chadwick CFO
8. One Healthcare Solution and MedBeyond Partner to Provide Optimum Solution for EMR and Medical Billing
9. MultiNational Underwriters Is Now HCC Medical Insurance Services
10. The Mount Sinai Medical Center Named to "Honor Roll" in U.S. News's 2009-10 Edition of America's Best Hospitals
11. Congressmen Mike Ross and Kendrick Meek Introduce Bill to Protect Medicare Patients Who Require Medical Oxygen Therapy at Home
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2017)... ... September 22, 2017 , ... PITTSBURGH...Defibrillators are ... saves lives. However, if one isn’t accessible in certain locations, the risk of ... I came up with this idea," said an inventor from Ridgecrest, Calif. , ...
(Date:9/22/2017)... ... September 22, 2017 , ... ... Safe Is Smart Scholarship Sweepstakes.,  , Molli C., a graduate student from Sonora, ... Educational Leadership and Administration at St. Thomas University in Miami, Florida, was selected ...
(Date:9/22/2017)... ... September 22, 2017 , ... ... emergency rooms is celebrating the one year anniversary of its Houston-Fallbrook facility. ... said Dr. Otinwa, Facility Medical Director of First Choice Emergency Room Houston-Fallbrook. “It ...
(Date:9/22/2017)... Diego, CA (PRWEB) , ... September 22, 2017 ... ... offer groceries, wearable, and more products at customers’ doorstep. According to Smart Mart, ... Smart Mart has stated to offer wearable, and customers can find clothing at ...
(Date:9/21/2017)... ... September 21, 2017 , ... Process ... 1:30 p.m. – 3:00 p.m. ET, http://www.fdanews.com/processcapabilityindices      , ... wrong, run afoul of The Quality System Regulation (§820.250), and Devicemakers find themselves ...
Breaking Medicine News(10 mins):
(Date:9/7/2017)... STOCKHOLM , Sept. 7, 2017 NuvoAir ... Air Smart Spirometer, announced today a partnership with Novartis Pharma ... partnership solidifies NuvoAir,s position as the leading mobile spirometry platform ... respiratory patients. ... spirometry test ...
(Date:9/6/2017)... ORANGEBURG, N.Y. , Sept. 6, 2017   PDI ... today announced it will host an educational session focused ... line-associated bloodstream infection (CLABSI) prevention at the 2017 Annual ... meeting, which will take place at the ... Arizona from Sept. 16-19, will also feature ...
(Date:9/5/2017)... 5, 2017  Getinge, a leading global provider ... charitable donation program -- "Color for the Kids!" ... defect research by The Children,s Heart Foundation. Pediatric ... public are encouraged to download a coloring picture ... artwork to the gallery on the website. For ...
Breaking Medicine Technology: